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Free Of Tie Leases Ltd

06034977

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

21 NAVIGATION BUSINESS VILLAGE NAVIGATION WAY, PRESTON, PR2 2YP
Incorporated 20/12/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr John Robert Davy

director · Since 20/12/2006

COMPANY DIRECTOR

BRITISH · UNITED ARAB EMIRATES · Age 71

Persons with Significant Control

Mr John Robert Davy

75–100% shares
75–100% votes
Appoint directors

British · United Arab Emirates · Age 71

21 Navigation Business Village, Navigation Way, Preston, PR2 2YP

Notified 01/07/2016

Charges1 outstanding

charge
satisfied

AIB GROUP (UK) PLC

Created 05/12/2007Registered 13/12/2007Satisfied 06/08/2020
charge
satisfied

AIB GROUP (UK) PLC

Created 02/07/2007Registered 04/07/2007Satisfied 07/08/2020
charge
satisfied

AIB GROUP (UK) PLC

Created 02/07/2007Registered 04/07/2007Satisfied 10/08/2020
charge
satisfied

AIB GROUP (UK) PLC

Created 29/03/2007Registered 04/04/2007Satisfied 03/04/2008
charge
outstanding

AIB GROUP (UK) PLC

Created 29/03/2007Registered 04/04/2007
charge
satisfied

AIB GROUP (UK) PLC

Created 08/02/2007Registered 10/02/2007Satisfied 10/08/2020
charge
satisfied

AIB GROUP (UK) PLC

Created 08/02/2007Registered 10/02/2007Satisfied 10/08/2020

CompanyRankvs 180698+ SIC 68209 peers
29

Financial strength1th percentile among SIC peers · 0/25
Employees57th percentile among SIC peers · 9/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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180698Free Of Tie Leases Ltd
39
How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2023

Net Worth

-£631k

Balance sheet strength

Cash

£243

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

£631k

1avg. employees
Signed by 06034977 2023-01-01 2023-12-31 06034977 2023-12-31 06034977 core:CurrentFinancialInstruments 2023-12-31 06034977 core:CuPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
2023—+£22k
20210.01-£47k
20200.15-£945k
20190.09-£77k
20180.07—

Derived from filed accounts. Not audited figures.